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Showing posts with the label Benzaldehyde Derivatives Industry Analysis

Benzaldehyde Derivatives Market: Flourishing Food and Beverage Industry Driving Demand, TMR

The  global benzaldehyde derivatives market  is moderately consolidated with three companies holding 51.3% shares in 2015, while the rest of the market is fragmented between a large numbers of domestic players. The three leading players in the global benzaldehyde derivatives market are Haihang Industry Co., Ltd., Emerald Performance Chemicals, and Gujarat Alkalies and Chemicals Ltd. There three players are focused on extending their geographical reach outside their headquarters and hence, several mergers and acquisition are expected in the near future.  According to a recent publication by Transparency Market Research (TMR), the global benzaldehyde derivatives market was worth US$1.43 bn by the end of 2016, and is estimated to reach a valuation of US$2.14 bn by the end of 2024, rising at a CAGR of 5.1% during the forecast period of 2016 to 2024. The publication expects new players to make their presence felt during the forecast period, although the leading players...

Global Benzaldehyde Derivatives Market: Surge in Demand to Stem from Pharma Industry, predicts TMR

The top three manufacturers of   benzaldehyde derivatives   in 2015 were Emerald Performance Chemicals, Gujarat Alkalies and Chemicals Ltd., and Haihang Industry Co., Ltd. Their collective share of 51.3% in the market’s revenue for 2015 pointed to a moderately consolidated competitive landscape despite the presence of a massive number of local manufacturers. The key players in the market are showing strong intentions of exploring regions outside their headquarter regions in order to increase demand scale. As stated in a publication on the global benzaldehyde derivatives market by Transparency Market Research, the degree of competition within the market is expected to remain moderately concentrated in key regions over the coming years. A lot of the key names in the market are already adopting aggressing expansion strategies to generate a greater share in the market. As for the newer players and possible entrants, the global benzaldehyde derivatives market looks to be a ...